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New Inclusive Creative Economy Strategy to Demonstrate That the U.S. Creative ...
Foundation: Marguerite Casey Foundation, Marguerite Casey Foundation, Rockefeller Philanthropy Advisors, Skoll Foundation, Target Foundation, Ford Foundation, Philadelphia Foundation, Rockefeller Foundation
"The US creative economy was most recently valued at over $1 trillion by the National Endowment for the Arts," per a press release, "even before considering film, fashion, video games, beauty, food, and other key commercial creative industries."
Now, thanks to a $15 million investment from 14 funders, including the Andy Warhol Foundation for the Visual Arts, the "first dedicated impact investment portfolio for the US creative economy" is coming to life.
Upstart Co-Lab, a sponsored project of nonprofit Rockefeller Philanthropy Advisors, says the Inclusive Creative Economy Strategy will focus on investing in the creative industriesincluding film, fashion, video games, beauty, food, and other key commercial creative industriesthrough funds and companies to "secure blended value."
"The creative economy values merit and originality, it can help to build a more inclusive economic future," says Michael Quattrone, co-founder of the Skoll Foundation and Upstart Co-Lab.
"By demonstrating that putting more money to work in the creative economy can generate both attractive financial returns and positive social impact, this initiative can help break new ground for impact investing and build a more equitable and vibrant creative landscape in the US," says Roy Swan, director of mission investments for the Ford Foundation, one of the 14 funders.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
The TEGNA Foundation, the charitable arm of media company TEGNA, is now accepting grant proposals for projects that "focus on improving the mental health of the communities they serve," according to...more
The Public Interest Law Foundation at Boston College Law School has been awarded a $225,000 three-year grant from the Cummings Foundation to help students provide pro bono legal services in...more
Foundation: North Texas Community Foundation
If disaster strikes in Arlington, Texas, the first thing the city will do is set up a fund to solicit donations and distribute them more quickly, the Dallas Morning News reports. "I'd rather have...more
"Children deserve the same medicines and care as adults," says Carlo Giaquinto, a paediatrician in Italy who noticed during the HIV epidemic of the 1980s that kids weren't included in clinical...more
The UN's first-ever International Day of Play will be held on June 11, 2024, and it's being hailed as a way to raise awareness of the importance of play in a changing world. A press release...more
A New Mexico nonprofit is looking for a director to help it "shift current agricultural and land stewardship practices in ways that produce good food, support meaningful livelihoods in rural places,...more
Foundation: Community Foundation of Sarasota County, Gulf Coast Community Foundation
If you're over 50 and in Sarasota, Fla., on Saturday, you're in luck: The city is hosting a free event called Silver Pride to celebrate the gay, lesbian, bisexual, and transgender community, the...more
When Balazs Bognar moved to Tokyo from Urbana, Ill., at age 17, he had no idea he'd end up living there for the rest of his life. "He would take me and my mom and my brothers to cities around the...more
Foundation: Bloomberg Philanthropies
Starting in 2024, Detroit and New Orleans will be added to the seven US cities where Bloomberg Philanthropies has placed more than 1,700 high school and college students in paid summer internships...more
"Lots of people can't kick because they don't have the coordination, but everybody can throw catch." That's how a UK nonprofit is using basketball to help young people deal with mental health...more
Civic Engagement News from...
North Texas Community Foundation
Community Foundation of Sarasota County
Gulf Coast Community Foundation
Bloomberg Philanthropies
Carnegie Corporation of New York
Share Our Strength
Gates Foundation
Simons Foundation
Ontario Trillium Foundation
Omaha Community Foundation
Social Entrepreneurship
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